Bloomin' Brands: The Battle Of The Steakhouses Has Its Losers And Winners [Seeking Alpha]
Bloomin' Brands, Inc. (BLMN)
Last bloomin' brands, inc. earnings: 2/18 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investors.bloominbrands.com/investor-relations
Company Research
Source: Seeking Alpha
Pedro Goulart Follower s Follow Summary Outback's disappointing performance in Q2 2024 highlights a loss of market share and perceived value, necessitating a three-pillar strategy for turnaround. Texas Roadhouse and Longhorn Steakhouse have maintained positive comparable sales by focusing on perceived value and strategic menu pricing, unlike Outback. Outback's restructuring involves menu simplification, remodeling, and a new value promotion, but results will take time and require significant capital expenditures. Despite being undervalued relative to peers, I maintain a 'Hold' rating on Bloomin' Brands due to ongoing restructuring challenges and underperformance in key segments. JHVEPhoto/iStock Editorial via Getty Images Outback in perspective If you've been following the restaurant industry closely, and specifically the full-service restaurant segment, you know what the buzzword is: ‘Value.' But unlike what we're seeing in limited-service restaurants, winning st
Show less
Read more
Impact Snapshot
Event Time:
BLMN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BLMN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BLMN alerts
High impacting Bloomin' Brands, Inc. news events
Weekly update
A roundup of the hottest topics
BLMN
News
- Trump and inflation, retirement strategies, index funds: Wealth [Yahoo! Finance Canada]Yahoo! Finance Canada
- Compared to Estimates, Bloomin' Brands (BLMN) Q3 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Outback Steakhouse Parent Bloomin' Brands Faces Heat: Misses Sales Mark, 2024 Outlook Cut & More [Yahoo! Finance]Yahoo! Finance
- Bloomin' Brands (NASDAQ:BLMN) Misses Q3 Sales Targets, Stock Drops 11.8% [Yahoo! Finance]Yahoo! Finance
- Bloomin’ Brands Announces 2024 Q3 Financial ResultsBusiness Wire
BLMN
Earnings
- 11/8/24 - Beat
BLMN
Sec Filings
- 11/8/24 - Form 10-Q
- 11/8/24 - Form SC
- 11/8/24 - Form 8-K
- BLMN's page on the SEC website